March 2, 2022

41. Acquiring 5 Local Businesses To Build a Remote Local Empire, an interview with Mike Loftus

41. Acquiring 5 Local Businesses To Build a Remote Local Empire, an interview with Mike Loftus
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In another of the Remote Local Podcast's ongoing series of entrepreneurial interviews, Neel chatted with Mike Loftus of Connor Landscape.

Mike got a finance degree but found out he hated working inside.  He took $10k of his own savings and started knocking on doors, building a landscaping company from scratch.  After building it to $750k in revenues, he started acquiring others, three so far and more in the pipeline!

Neel and Mike also discuss: 

  • All the things you have to learn when starting a business ("what's an EIN, bro?")
  • The keys to making good acquisitions
  • The importance of being clear on what you want, not what books/influencers tell you you should want

If you'd like to catch up with Mike, you can find him on Twitter, under a handle which is an homage to his father's entrepreneurial spirit.